UNION EIENDOMSUTVIKLING AS

3045 DRAMMEN

Finances

Return on Equity

5,7 %

Current Ratio

2,71

Debt-to-Equity Ratio

2,51

Key figures (NOK)	2022	2021	2020	2019
Revenue	392 198 000	518 222 000	138 252 000	327 116 000
Net Income	19 547 000	40 369 000	4 287 000	162 873 000
Total Assets	1 348 397 000	1 730 701 000	1 311 385 000	1 089 963 000
Total Equity	342 892 000	405 355 000	411 787 000	389 900 000

Income (NOK)	2022	2021	2020	2019
Revenue	392 198 000	518 222 000	138 252 000	327 116 000
Expenditure	346 460 000	452 322 000	116 824 000	58 222 000
Operating Profit	45 738 000	65 900 000	21 428 000	268 894 000
Financial Income	2 990 000	102 000	607 000	1 645 000
Financial Costs	24 098 000	14 033 000	13 262 000	18 201 000
Financial Balance	−21 108 000	−13 931 000	−12 655 000	−16 556 000
Earnings Before Tax	24 630 000	51 969 000	8 773 000	252 338 000
Tax	5 083 000	11 600 000	4 486 000	89 465 000
Net Income	19 547 000	40 369 000	4 287 000	162 873 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	956 607 000	951 354 000	869 298 000	873 588 000
Total Current Assets	391 790 000	779 347 000	442 087 000	216 375 000
Total Assets	1 348 397 000	1 730 701 000	1 311 385 000	1 089 963 000
Total Retained Equity	299 837 000	331 200 000	346 129 000	343 474 000
Total Equity	342 892 000	405 355 000	411 787 000	389 900 000
Total Long-Term Debt	860 733 000	806 285 000	649 611 000	646 956 000
Total Current Debt	144 772 000	519 062 000	249 987 000	53 107 000
Total Equity and Debt	1 348 397 000	1 730 702 000	1 311 385 000	1 089 963 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	392 198 000	518 222 000	138 252 000	327 116 000
Other Income	0	0	0	0
Revenue	392 198 000	518 222 000	138 252 000	327 116 000
Cost of Goods Sold	0	0	0	0
Salary Costs	17 995 000	16 744 000	16 060 000	16 608 000
Depreciation	23 836 000	22 348 000	20 185 000	19 881 000
Impairment	0	0	0	0
Expenditure	346 460 000	452 322 000	116 824 000	58 222 000
Operating Profit	45 738 000	65 900 000	21 428 000	268 894 000
Financial Income	2 990 000	102 000	607 000	1 645 000
Financial Costs	24 098 000	14 033 000	13 262 000	18 201 000
Financial Balance	−21 108 000	−13 931 000	−12 655 000	−16 556 000
Dividends	60 270 000	0	0	0
Net Income	19 547 000	40 369 000	4 287 000	162 873 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	949 455 000	944 387 000	863 153 000	866 531 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	7 052 000	6 967 000	6 145 000	7 057 000
Total Tangible Assets	956 507 000	951 354 000	869 298 000	873 588 000
Total Fiancial Fixed Assets	100 000	0	0	0
Total Fixed Assets	956 607 000	951 354 000	869 298 000	873 588 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	255 316 000	137 898 000	178 666 000	205 734 000
Total Current Assets	391 790 000	779 347 000	442 087 000	216 375 000
Total Assets	1 348 397 000	1 730 701 000	1 311 385 000	1 089 963 000
Total Equity	342 892 000	405 355 000	411 787 000	389 900 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	860 733 000	806 285 000	649 611 000	646 956 000
Creditors	6 931 000	4 407 000	21 612 000	13 746 000
Unpaid Taxes	3 036 000	1 454 000	0	2 306 000
Dividends	60 270 000	0	0	0
Other Current Debt	89 021 000	107 379 000	62 998 000	4 582 000
Total Current Debt	144 772 000	519 062 000	249 987 000	53 107 000
Total Equity and Debt	1 348 397 000	1 730 702 000	1 311 385 000	1 089 963 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,7 %	9,96 %	1,04 %	41,77 %
Debt-to-Equity Ratio	2,51	1,99	1,58	1,66
Operating Profit Margin	11,66 %	12,72 %	15,5 %	82,2 %
Current Ratio	2,71	1,5	1,77	4,07
Quick Ratio	2,71	1,5	1,77	4,07
Equity Ratio	0,25	0,23	0,31	0,36
Gross Profit Margin	100 %	100 %	100 %	100 %